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Which is true about net capital losses? b) Short-term capital losses must be netted with short-term capital gains d) Long-term capital losses are not allowed
Which is true about net capital losses?
b) Short-term capital losses must be netted with short-term capital gains
d) Long-term capital losses are not allowed for private taxpayers
a) they can be used against ordinary income maximum of $3,000 per year
c) Long-term capital losses must be netted with earned income
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